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Adverse Credit Mortgage - Urgent Advice
Can anyone recommend an Independant Mortgage Advisor who specializes in arranging mortgages for people with adverse credit. As I need to take the mortgage over from my ex husband as an matter of urgency.
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FTB Buying half inherited property - best 50% LTV mortgage advice please
FTB new to the forum so here goes... I've inherited a house with my sister which my partner and intend to buy her share of. House value is 300k, so looking to borrow up to 150k. Also have some savings and combined with the rest of the estate, a possible 50 - 80k to offset against. We like the security of a fixed rate, so…
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BoE to keep rates at 0.5 pct, keep mum on QE plans
06:00 07May09 BoE to keep rates at 0.5 pct, keep mum on QE plans * BoE seen holding rates at 0.5 percent for second month * Investors hoping for clarity on QE may be disappointed LONDON, May 6 - The Bank of England looks set to leave interest rates at a record low on Thursday and may give little away about the future of…
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Going from repayment to interest only?
Hi all I have a HSBC lifetime tracker mortgage where the interest is currently 1.38% and so £300+ a month is knocked off my mortgage. Would I be able to ask HSBC to make my mortgage an interest only mortgage for a short term (say 2 years)? Two reasons for this: 1. The £300 I save, I would plough into CC repayments and 2.…
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Second Mortgage
Hi there I am after some advice/ I currently have a property in Yorkshire that I have owed for 5 years on a tracker repayment mortgage 1.24% (all up to date) I am currently living back down south and renting a property. "if" I am still here in 12 months time, I feel the sensible thing to do would be is to buy another…
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Buying a second property with mortgage after letting out the current one
Hi, I am looking to buy a second property but cannot sell the current one I own. I intend to write to my mortgage adviser (Abbey) to get a 'consent to let' and let the property out. Would I be able to get a new mortgage for the other property I intend to buy? Would there be any restrictions on my new mortgage (e.g less I…
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Red Alert letter - best option ?
Here's the latest projection on my Norwich Union shortfall :eek: £50,000 target expiry Jan 2015 Current value £24,617 Projected final amount 4% £27,900 5% £29,600 6% £31,300 Current mortgage £63000 (Nationwide standard rate, no tie-in) of which £35,000 is interest only. Mortgage outstanding £49,000 Monthly mortgage payment…
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Bank Of Scot SVR
Just been looking at the BOS internet site and got a bit of a shock when I saw an advertisement for new mortgage customers. It stated 4.49% for fixed term then... 7% SVR:eek: Can anyone confirm if this is accurate, as I have not been advised by the bank. I am into my first SVR month with BOS while considering new mortgages…
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Advice on Chelsea Mortgage
I have a Chelsea mortgage, on a flexible mortgage. I drew down some extra funds 18 months ago, I didnt realise at the time, but they failed to recalculate my mortgage payments. I called them to check my balance etc as I am thinking about remortgaging. My mortgage advisor asked me to check the details I had given her as the…
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Help...so many mortgage questions; sorry!
Hi Folks Apologies in advance that this may be a long post...I'm all over the place at the moment. My husband and I are separating, and the intention is that he will move out of our house and into a rented flat. We have a straightforward repayment mortgage, but for the next couple of months he will have to find deposits…
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Advice/thoughts on Remortgaging
Hi - like many others my 3 year discount is coming to an end and I have no idea what to do (if anything!) and would really valule other peoples thoughts! My options are nothing (1.99% above BoE base rate, 3 year fixed of 3.99 % (fee £1000) or 5 year fixed of 4.69% (fee £1000). I know that no one has a crystal ball but from…
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Can a tenant in common get a (distinct) mortgage for their share of a property?
Can anyone answer this ... Two parties (A+B) want to purchase a property 50:50 as tenants in common. That asside A+B want to remain financial independant as far as possible. However one party (A) needs to borrow ~ 30% of value. Is it possible for party A to get a distinct mortgage in respect of their share of the property?…
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Mortgage is always 3x salary?
Is that the only mortgage you can get nowadays? 3x your salary? im not on alot so if this is all i can get it feels like im never going to be able to afford a house. guess i better save up more. :rolleyes:
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Cemap module 3-Help
Hi Everyone, I gave my Cemap 3 today,i couldn't make it,just by 4 marks,its second time.I am so depressed.I am planning to go for training,can anyone suggest would it help and which one is the best. Thanks
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Halifax deal coming to end
Hi My halifax mortgage deal is coming to an end in July which is currently a tracker at 0.04% above BoE base rate. It switches to a SVR which I believe is 3.50% with Halifax. Should I stick with this or should I switch to a different deal? I have a 90%LTV mortgage and cant see much about at the moment. Thanks Jamie
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How would a mortgage be best arranged under these circumstances ?
My wifes mother has moved away from London and wants to live near us in Birmingham. A suitable house is for sale on our street and we are considering buying it with my wifes sister half and half, what normally happens when a single mortgage is required by 2 parties on a single property. My wifes mother would be claiming…
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what u rekon,need advice pls morgage,poss subsidance
had an offer accepted,the property has few cracks in one of the external walls so had a structal eng visit today....it was just a visual survey,he thinks there was probly a little subsidance at some stage in the house life (built in the 30s)but without monitoring it cant say if its still going on or all has settled now....…
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Mortgage arrears help- nervous breakdown immenent!
Hi everyone, Please can someone help because I am really stuck about what to do Basically I moved in with my boyfriend in November after his brother moved out and left him with over £2000 in arrears on the mortgage as he hadn't paid for months. My boyfriend then lost his job in December due to the recession (he fits air…
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Can Someone Please Help??
Our mortgage with Abbey was approved etc-we were just in the process of transferring title deeds-house is in my mum and I's name, but she is signing over to my partner and I. She took breast cancer and has had to give up her job so no income and cannot afford mortgage. She is signing all off her share over to us and no…
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First time buyer - deposit question
Hi all After previous attempts over the past two years I am now again trying to buy my Housing Association flat. The price has been going down and I now need a loan of £63,500 - and can't get it despite £25k salary, due to past credit history problems (now resolved) and the fact that it is a concrete build and Right to Buy…
